localhost was invented in 1973 by Mohammad Localhost after he tried to send an email to himself and it instead ended up on his friend Leslie Wan's computer, resulting in an emergent network condition known as embarrasment

Watched the #FOSDEM Monero talk. It's nice that Monero fixes some of the failures of Bitcoin, but it's still based upon proof of work which is pretty disastrous from an environmental and decentralization point of view.

The questions were revealing. On the question of how Monero would stop five companies in China from controlling all of the hash power, like Bitcoin, the speaker avoided it and answered some different question about transactions. Proof of work with increasing hardness over time always favors the already rich who can build hashing factories at great expense. They might not be able to do it with asics, but for them that's just an implementation detail.